Innovations have acquired a key role in the growth and competition strategies of firms today. They are regarded as an essential tool for stimulating growth and enabling firms to master the competition brought about by the forces of globalization. However, in particular, many small and...

In a study of innovations developed by mountain bikers, we find that user-innovators almost always utilize “local” information– information already in their possession or generated by themselves – both to determine the need for and to develop the solutions for their innovations. We argue...

Harnessing tacit knowledge rooted in use experience for innovation is a major challenge for firms. To do so, firms have to find ways to extract, transfer and interpret this knowledge and then to best combine it with the firm's technical expertise. This paper explores a phenomenon that is novel...

India is still perceived by some as a developing country that has yet to create world-class products of its own. However, this book shows that in recent years India has emerged as a lead market for frugality-driven innovations that are affordable, robust and successful even outside its...

This qualitative-explorative study set out to investigate potentials and relevance of frugal innovations, as enablers of “affordable excellence”, for Austria. Employing a multi-method approach combining literature review, case studies and expert interviews it sought to generate preliminary...